WARCO is a supermarket in Lievegem. Private Limited, started on 24 October 1977, 1 establishment.

What is the address of WARCO?

The registered office of WARCO is located at Stationsstraat 77, 9950 Lievegem.

Is WARCO still active?

Yes. According to the CBE (29 October 2026) WARCO is active, legal situation “Normale toestand”, started on 24 October 1977.

Is WARCO registered on Peppol?

Yes, WARCO is registered on the Peppol network with ID 0208:0417764845.

What is the enterprise number of WARCO?

The enterprise number of WARCO is BE0417764845.

When was WARCO founded?

WARCO was founded on 24 October 1977.

Who are the directors of WARCO?

According to the 2025 annual accounts, the directors of WARCO are: Giel PIESSENS, DS EN DS BV.

Is WARCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 October 1977; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did WARCO make in 2025?

WARCO recorded a loss after taxes of € 3,463 in financial year 2025.

What is the revenue of WARCO?

As a small company, WARCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 824,715.

How much does an employee at WARCO earn?

The average wage cost per full-time employee at WARCO was € 42,100 in 2025: staff costs of € 656,886 for 15.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WARCO have?

According to the 2025 annual accounts, WARCO has 15.6 full-time equivalents (FTE).

WARCO (Private Limited) - Lievegem - BE0417764845

Dossier WARCO, printed on 29 October 2026 from databakkes.be/en/0417764845/warco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

WARCO from Lievegem, company number BE0417764845, closed financial year 2025 with a result of € -3,463 after tax. For that financial year WARCO recorded a gross margin of € 824,715 and equity of € 2 million. Compared with financial year 2024, the result moved from € 50,791 to € -3,463. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Healthy

€ 2 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3,463

▼ still € 50,791 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 146,393

▼ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 820,194.

People and assets in 2025

Full-time equivalents

15.6

▲ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 656,886

▲ 10% vs 2024

€ 42,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 61,404

▼ 13% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 142,677

▼ 30% vs 2024

€ 66,390 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 623,688

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 84,576

▼ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 7,301,638 Revenue 2022: € 7,301,638 First fiscal year in the series	€ 7,996,329 Revenue 2023: € 7,996,329 ▲ 10% vs 2022 (€ 7,301,638) Favourable step	-	-
Gross margin	-	-	€ 830,252 Gross margin 2024: € 830,252 First fiscal year in the series	€ 824,715 Gross margin 2025: € 824,715 ▼ 1% vs 2024 (€ 830,252) Unfavourable step	▼ 1%
Profit after taxes	€ 182,189 Profit after taxes 2022: € 182,189 First fiscal year in the series	€ 41,986 Profit after taxes 2023: € 41,986 ▼ 77% vs 2022 (€ 182,189) Unfavourable step	€ 50,791 Profit after taxes 2024: € 50,791 ▲ 21% vs 2023 (€ 41,986) Favourable step	€ -3,463 Profit after taxes 2025: € -3,463 ▼ € 54,253 vs 2024 (€ 50,791) Unfavourable step	▼ € 54,253
Equity	€ 750,879 Equity 2022: € 750,879 First fiscal year in the series	€ 1,992,866 Equity 2023: € 1,992,866 ▲ 165% vs 2022 (€ 750,879) Favourable step	€ 2,043,657 Equity 2024: € 2,043,657 ▲ 3% vs 2023 (€ 1,992,866) Favourable step	€ 2,040,194 Equity 2025: € 2,040,194 Unchanged (€ 2,043,657) Unfavourable step
Total debts	€ 709,724 Total debts 2022: € 709,724 First fiscal year in the series	€ 972,199 Total debts 2023: € 972,199 ▲ 37% vs 2022 (€ 709,724) Unfavourable step	€ 1,126,905 Total debts 2024: € 1,126,905 ▲ 16% vs 2023 (€ 972,199) Unfavourable step	€ 857,676 Total debts 2025: € 857,676 ▼ 24% vs 2024 (€ 1,126,905) Favourable step	▼ 24%
Cash	€ 93,171 Cash 2022: € 93,171 First fiscal year in the series	€ 242,294 Cash 2023: € 242,294 ▲ 160% vs 2022 (€ 93,171) Favourable step	€ 435,935 Cash 2024: € 435,935 ▲ 80% vs 2023 (€ 242,294) Favourable step	€ 146,393 Cash 2025: € 146,393 ▼ 66% vs 2024 (€ 435,935) Unfavourable step	▼ 66%
Land & buildings	€ 31,799 Land & buildings 2022: € 31,799 First fiscal year in the series	€ 1,225,765 Land & buildings 2023: € 1,225,765 ▲ € 1.2 million vs 2022 (€ 31,799) Unchanged	€ 1,279,730 Land & buildings 2024: € 1,279,730 ▲ 4% vs 2023 (€ 1,225,765) Unchanged	€ 1,273,695 Land & buildings 2025: € 1,273,695 Unchanged (€ 1,279,730) Unchanged
Retained profit	€ 730,879 Retained profit 2022: € 730,879 First fiscal year in the series	€ 772,866 Retained profit 2023: € 772,866 ▲ 6% vs 2022 (€ 730,879) Favourable step	€ 823,657 Retained profit 2024: € 823,657 ▲ 7% vs 2023 (€ 772,866) Favourable step	€ 820,194 Retained profit 2025: € 820,194 Unchanged (€ 823,657) Unfavourable step
Dividend	€ 484,659 Dividend 2022: € 484,659 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 484,659) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 71,617 Bank debt 2022: € 71,617 First fiscal year in the series	€ 246,710 Bank debt 2023: € 246,710 ▲ 244% vs 2022 (€ 71,617) Unfavourable step	€ 203,040 Bank debt 2024: € 203,040 ▼ 18% vs 2023 (€ 246,710) Favourable step	€ 142,677 Bank debt 2025: € 142,677 ▼ 30% vs 2024 (€ 203,040) Favourable step	▼ 30%
Balance sheet total	€ 1,460,604 Balance sheet total 2022: € 1,460,604 First fiscal year in the series	€ 2,965,065 Balance sheet total 2023: € 2,965,065 ▲ 103% vs 2022 (€ 1,460,604) Unchanged	€ 3,170,562 Balance sheet total 2024: € 3,170,562 ▲ 7% vs 2023 (€ 2,965,065) Unchanged	€ 2,897,870 Balance sheet total 2025: € 2,897,870 ▼ 9% vs 2024 (€ 3,170,562) Unchanged	▼ 9%
Employees (FTE)	15.5 Employees (FTE) 2022: 15.5 First fiscal year in the series	13.9 Employees (FTE) 2023: 13.9 ▼ 1.6 vs 2022 (15.5) Unchanged	14.3 Employees (FTE) 2024: 14.3 ▲ 0.4 vs 2023 (13.9) Unchanged	15.6 Employees (FTE) 2025: 15.6 ▲ 1.3 vs 2024 (14.3) Unchanged	▲ 1.3

Key figures of WARCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to WARCO?

What happened at WARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 27, 2026 New annual accounts for financial year 2025: loss of € 3,463 (▼ € 54,253 vs 2024). filed late Source: NBB ↗
Feb 1, 1978 New establishment in Lievegem. KBO
Oct 24, 1977 Start of the company according to the CBE. KBO

In short

From € 182,189 profit in 2022 to € 3,463 loss in 2025.

Paid € 94,251 in corporate taxes since 2022.

Best year ever: 2022, with € 182,189 profit.

On average € 52,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DS en DS 100%

The stake of DS en DS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WARCO

Behind WARCO are Giel PIESSENS and DS EN DS BV. The shares are held by DS en DS (100%).

Directors

According to the 2025 annual accounts

Giel PIESSENS

Director

DS EN DS BV

Director · represented by Ann DE SMET

Shareholders

DS en DS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Stationsstraat 77

9950 Lievegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0417.764.845

VAT number

BE 0417.764.845

Registered office

Stationsstraat 77, 9950 Lievegem

Names & denominations

WARCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 October 1977

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

WARCO

Warning lights

Financials

What happened to WARCO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions